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NAB Morning Call

Phil Dobbie
Federal Reserve
United States
Oil Prices
China
Inflation
Reserve Bank Of Australia
Australia
Oil
Iran
RBA
Donald Trump
Japan
European Central Bank
Bank Of England
Bank Of Japan
Artificial Intelligence
US Dollar
Gold
US Economy
NAB

Start your day with the NAB Morning Call for the latest overnight key economic and market information straight from our team of expert market economists and strategists. This includes perspective on overnight news and market price action and the forces shaping movements in Australian and global markets in the days ahead.

Hosted on Acast. See acast.com/privacy for more information.

PublishesDailyEpisodes1602Founded10 years ago
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Latest Episodes

Friday 24th July 2026

NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB

Oil is back into triple digits this morning as Houthis fire on Saudi vessels in the red Sea and reports of retaliatory action on Ir... more

Thursday 23rd July 2026

NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB

Oil continues to rise as diplomacy in the Gulf rapidly disappears. Donald Trump is now threatening retaliatory action each time I... more

Wednesday 22nd July 2026

NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB

Intelligence suggests that Iran has moved its nuclear capability inside Pickaxe Mountain, which the US President has said they w... more

Tuesday 21st July 2026

NAB Markets Research Disclaimer 

Financial Services Guide | Information on our services - NAB

Oil prices were on the rise but have eased a little on the hope that maybe a 10-day ceasefire could quell the escalating tensions ... more

Key Facts

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Number of Listeners
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Recent Guests

Lachlan Vass
Research Manager at the e61 Institute
e61 Institute
Episode: Weekend Edition: Taxing time for the gas industry
George Magnus
Independent economist and research associate at the China Center at Oxford University and the School of Oriental and African Studies in London
Oxford University (China Center); School of Oriental and African Studies
Episode: Weekend Edition: The ticking China timebomb
Geoff Wilson
Founder of Wilson Asset Management, veteran investor
Wilson Asset Management
Episode: Weekend Edition: Geoff Wilson on Taxing the future
Peter Berezin
Chief Strategist for Global Investment Strategy at BCA Research
BCA Research
Episode: Weekend Edition: AI - Revolution, bubble or doomsday?
Peter Berrezin
Chief Strategist for Global Investment Strategy at BCA Research
BCA Research
Episode: Peace de Résistance
Harry Ishihara
Independent macrostrategist based in Tokyo
Episode: Weekend Edition: Japan's High Flying Trapeze Act
Tim Jordan
Commissioner at the Australian Energy Market Commission
Australian Energy Market Commission
Episode: Weekend Edition: Electrifying Australia
Paddy Rombola
Chairman of Advantage Agriculture
Advantage Agriculture
Episode: Weekend Edition: Strait to the dinner table
Gareth Spence
Head of Australian Economics at NAB
NAB
Episode: Weekend Edition: Gearing Up for Gearing Down

Host

Phil Dobbie
Host of NAB Morning Call; NAB staff with a long-running presence in the show.

Reviews

4.8 out of 5 stars from 814 ratings
  • Fantastic

    Phil, I really enjoy the morning summaries and in particular your weekend deep dives.

    Apple Podcasts
    5
    @MB2030
    Australia5 months ago
  • Informative and insightful.

    Great way to start the day! Thank you Phil and NAB.

    Apple Podcasts
    5
    great assistant
    Australia5 months ago
  • A little request

    I know it’s hard but errs and ums really stand out on podcasts so please get speakers who don’t stammer at all.

    Apple Podcasts
    4
    Rooksta
    Australia7 months ago
  • Ok… but lacking balance

    I understand it’s a male dominated industry… but surely they could occasionally get a female voice on here. As a female listener it would be great to fee represented

    Apple Podcasts
    3
    Jacew65
    Australia9 months ago
  • Fantastic

    Best way to start the day!

    Apple Podcasts
    5
    glasgowuk2002
    Australiaa year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The show is praised for its fast-paced updates and useful context for global market moves.
Some listeners wish for more gender diversity among guests and hosts.
Listeners value the concise, data-driven market briefings each morning and the practical insights from NAB economists.
A few imperfections noted around speaking style or consistency in episode depth, but overall strong usefulness for daily market context.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#105
United Kingdom/News/Business News
Apple Podcasts
#174
Canada/News/Business News
Spotify
#33
Australia/News
Apple Podcasts
#2
Australia/News/Business News
Apple Podcasts
#47
Australia/News
Apple Podcasts
#104
Italy/News/Business News

Talking Points

Recent interactions between the hosts and their guests.

Weekend Edition: The ticking China timebomb
Q: Why is the official 5% growth figure misleading, and what are the implications for consumption and debt?
Jonathan argues that underlying growth is likely closer to 3%, with debt burdens heavy on local governments and state entities, and consumption hampered by weak wage growth and real estate downturn, which challenges the sustainability of the growth narrative.
Weekend Edition: The ticking China timebomb
Q: What are the core sectors driving China's growth, and how do they relate to the broader economy?
The guest explains that a modern, export-oriented sector—featuring AI, EVs, batteries, and high-tech manufacturing—drives some growth, but the vast majority of the economy relies on domestic demand and traditional sectors that are weaker, leading to a two-track dynamic.
Risk off, but why?
Q: What's triggering this risk-off tone and is it sustainable?
Taylor Nugent explains that the risk-off tone is broad, driven by AI and chip-sector weakness, with a sharper move in tech names and a corresponding upgrade in the US dollar and yields, but the broader macro backdrop remains mixed, so while some sectors are weak, other indicators like PMIs show pockets of resilience; sustainability will depend on how AI investment narratives evolve and how geopolitical headlines unfold.
Oil slides through the Strait, but underlying Aussie CPI is sticky
Q: And your take on yesterday's Australian CPI number then now, in May, prices rose 4% a year on year which was actually below the general consensus, what was expected, also what NAB was expecting as well.
The headline CPI came in softer than expected, continuing a disinflationary trend driven by lower fuel prices, but the details show that core pressures and pass-through costs remain evident, suggesting the RBA may still be cautious about second-half inflation and policy moves.
Weekend Edition: Electrifying Australia
Q: Is that how it works, Tim?
Yes, the market bodies coordinate with the regulator and the market operator to set and enforce rules, with the regulator determining prices like the default market offer and the AEMC guiding long-term planning and rule changes.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
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Frequently Asked Questions About NAB Morning Call

What is NAB Morning Call about and what kind of topics does it cover?

A concise, day-starting market briefing featuring NAB's team of economists and strategists. Episodes blend global macro updates with currency, rate, and oil moves, plus geopolitical catalysts from the Middle East to China. Guests provide color on markets, infrastructure, and aviation, with a focus on implications for Australian investors and policy paths. The show stands out for short, data-driven insights, live market interpretation, and a steady cadence that helps listeners form a view on near-term risk and opportunities.

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Which podcasts are similar to NAB Morning Call?

These podcasts share a similar audience with NAB Morning Call:

1. CommSec Market Update
2. 5 in 5 with ANZ
3. Chanticleer
4. Your Wealth
5. The Fin

How many episodes of NAB Morning Call are there?

NAB Morning Call launched 10 years ago and published 1602 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on NAB Morning Call?

Recent guests on NAB Morning Call include:

1. Lachlan Vass
2. George Magnus
3. Geoff Wilson
4. Peter Berezin
5. Peter Berrezin
6. Harry Ishihara
7. Tim Jordan
8. Paddy Rombola

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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